Searches And Hires
The retirement fund elected to retain its incumbent following finalist interviews that included three other firms.
The commitments include two new manager relationships for the plan.
The city expects to issue an RFP in the next two to three weeks.
The pension plan also made private debt and private equity commitments yesterday.
The retirement system expects to conduct finalist presentations at its Nov. 12 investment committee meeting.
The pension plan hired a new domestic small-cap value equity manager to replace an underperforming incumbent last week.
The university added private equity and private credit commitments within its endowment in the first quarter.
The international small-cap growth equity manager underperformed and experienced asset outflows as well as organizational changes.
The retirement system’s sole REIT manager handles $17 million.
The colleges retained its discretionary investment advisor for its final contract extension at a May board meeting.
